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NIB staring at $95m loss as pension deficit builds

A Cabinet minister yesterday warned the National Insurance Board (NIB) will lose $95m this year unless contribution rates are raised with the pensions branch alone incurring a monthly $4m deficit.

NIB fund on course to lose $95m this year

MYLES LaRoda, minister of state with responsibility for the National Insurance Board (NIB), warned that if there is no raise in the contribution rate this year the National Insurance fund will lose $95m.

John Kerry: US ‘delegation here to listen’

UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.

Championship time

The Anatol Rodgers Timberwolves, CR Walker Knights, SC McPherson Sharks and the HO Lions got the job done in their sudden death playoff games yesterday at the Kendal Isaacs Gymnasium to book their tickets to the Government Secondary Schools Sports Association’s best-of-three championships.

Finally! Hugh Campbell Classic returns

AFTER a two-year hiatus due to COVID-19, the AF Adderley Junior High School will be bringing back the prestigious Hugh Campbell Basketball Classic with all games being played at the Kendal Isaacs Gymnasium.

FACE TO FACE – Velenzo Miller: Creating digital innovation with the use of drones

GREAT dreams are made of innovation and solutions to some of humanity’s biggest challenges. Creative enterprise comes from the ability to seize those great dreams and bring them to life for your own people. Velenzo Miller has vivid dreams for his country, as well as the drive and the enterprising spirit to bring them to reality.

Turks and Caicos and The Bahamas celebrate long-standing connection

PRIME Minister Phillip “Brave” Davis celebrated The Bahamas and Turks and Caicos’ long-standing friendship, saying both countries have shown cooperation and support to each other.

Ex-PM backing four lanes ‘all the way to Lyford Cay’

A former prime minister yesterday backed research calling for a four-lane highway to be constructed between the airport and Old Fort Bay to ease escalating traffic congestion in western New Providence.

Bahamas National Trust promotes ‘conchscious conchservation’

THE Bahamas National Trust is calling all Bahamians for preservation, moderation and “conchscious conchservation” as they yesterday premiered a documentary at Baha Mar highlighting conservation efforts in East Grand Bahama.

SEBAS EYES $200M INVESTMENT IN HOTEL: Project set to create over 500 jobs when done

Sebas Bastian’s Brickell Management Group is entering the resort industry with a 226-unit condo hotel as part of a $200m western New Providence development set to create over 500 full-time jobs at completion.

Construction industry outlook ‘looking great’

BAHAMIAN professionals yesterday said “things are looking great” for the construction industry in 2023 with multiple new projects anticipated to break ground during the year.

CI Gibson Rattlers in the win column

While his CI Gibson Rattlers senior girls had to dig down deep to hold onto a three-point win over the RM Bailey Pacers, coach Kevin ‘KJ’ Johnson had his Rattlers’ senior boys clinching on all cylinders from start to finish in their 30-point rout over the CR Walker Knights.

Personalised care packages donated by Anchor Club of Lucaya

ANCHOR Club of Lucaya members and Advisors presented 20 personalised care packages to director Dudley Seide of Reach Out Outreach Community Centre.

INSIGHT: Climate change and Haiti in the CARICOM spotlight

THE great and the good are coming to The Bahamas this week - with a CARICOM meeting due to be held from February 15—17.

Opposition leader’s actions ‘despicable behaviour’ says Davis

PRIME Minister Philip ‘Brave’ Davis on Friday berated the actions of the opposition leader in the House of Assembly, calling it “despicable behaviour”.

Three dead on weekend in separate incidents

A MAN, believed to be a Dominican national, was shot dead on Friday morning as he got into his vehicle - one of two murders on Friday, with a third man yesterday dying from wounds suffered in an incident last Monday.

Charisma Taylor sets national indoor record in triple jump

DEVYNNE STRIKES GOLD IN 60M HURDLES

A BAHAMIAN national indoor record for versatile Charisma Taylor and a big victory for Devynne Charlton highlighted a number of performances from Bahamian athletes around the United States in their various meets over the weekend.

Jasmine Mackey misses CARIFTA-qualifying time

IN a gutsy performance on Saturday at the Road Runners’ Dianna Lynn Thompson’s Memorial Track Classic, middle distance runner Jasmine Mackey came so close to eclipsing the qualifying standard for the girls under- 20 1,500 metres for the 50th CARIFTA Games.

Wilchcombe slams FNM"s parliament protest

OBIE WILCHCOMBE, the leader of government business, on Friday blasted the Free National Movement’s protest in parliament, describing it as just a “show” and a misuse of the media.

Moody’s claims that we’re optimistic? We have to be

The Bahamas must “hold the line” on government spending to build investor confidence that it is not solely relying on economic growth “to fund any errors” in its fiscal projections, a well-known banker urged yesterday.

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